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Nov 2, 2012
11/12
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john fort is outside an apple store in california with a surprising story. john. >> reporter: marimaria, it's sta wait, though. that line in new york got longer at the fifth avenue store. more than 800 people when the doors opened. hard to gauge exactly what that means, though. a number of other new york stores were closed, of course, in the south of manhattan because of hurricane sandy cleanup. now, here in palo alto, still plenty of back ipad minis in stock. i took a look at the number of reservation cards. looks like there are well over 50 cards. they say they have 16, 32, and 43 gigabyte models in stock. it just got really crowded. lots of people coming in and getting minis. gene muenster of piper jaffray estimates over 1 million. maybe they'll put out a number next week. i haven't heard any word on that either way. >> all right, john. thanks so much. the ipad may be getting smaller, but the tablet space is becoming a big battleground. hewlett-packard no doubt one of the key players in the space. todd bradley joins me now to talk about that. thank you fo
john fort is outside an apple store in california with a surprising story. john. >> reporter: marimaria, it's sta wait, though. that line in new york got longer at the fifth avenue store. more than 800 people when the doors opened. hard to gauge exactly what that means, though. a number of other new york stores were closed, of course, in the south of manhattan because of hurricane sandy cleanup. now, here in palo alto, still plenty of back ipad minis in stock. i took a look at the number...
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Nov 6, 2012
11/12
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. >> in california alone a handful of donors have spenlt more than $350 million on stat ballot initiative. much of the money comes from a single family, the monger's. daughter molly monger has spend more than $40 million. her more conservative brother has spent $36 million on a measure to make it harder for unions to raise political money. the hedgefund chief spent more than $25 million to close a tax loop hole for out of state companies. many say they are just using their money for broader public good. at least one ballot backer has his own fortunes in mind. he spent more than $30 million to oppose a new bridge. turns out he has his own toll bridge that collects tens of millions of dollars a year. we will see whether all of this ballot money was a waste or not. we will know tonight or tomorrow morning. >> these numbers are mind boggling. thank you so much. for investors how are they positioning themselves for an obama or romney victory? we will break it down now. guys, thanks for joining us. jeff, what will you do tomorrow if mitt romney wins? >> like many of us i'm watching the election
. >> in california alone a handful of donors have spenlt more than $350 million on stat ballot initiative. much of the money comes from a single family, the monger's. daughter molly monger has spend more than $40 million. her more conservative brother has spent $36 million on a measure to make it harder for unions to raise political money. the hedgefund chief spent more than $25 million to close a tax loop hole for out of state companies. many say they are just using their money for...
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Nov 28, 2012
11/12
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cynthia stanford won the california lottery on mother's day in 2007. she was also featured in the tlv show "the lottery changed my life." good morning. how do you feel when you see figures ramp up and you know there's another big lottery winner in the offing? do you remember what it was like for you? >> i definitely do. i remember it like yesterday. it is an exhilarating feeling. definitely. >> of course people want to know what your advice would be to whoever may win tonight. what is the primary thing you would say to them? >> primary thing i would say is to definitely breathe and take your time making financial decisions. don't rush into anything. just take your time to experience what's happening because your life is definitely going to change. >> what about the celebrity? obviously the organizers of the lottery love to photograph everybody there with big checks. how addictive does that sudden celebrity become? you actually set yourself up as a torture host. you used the money to have your own show. >> well, i have a production company. i'm looking
cynthia stanford won the california lottery on mother's day in 2007. she was also featured in the tlv show "the lottery changed my life." good morning. how do you feel when you see figures ramp up and you know there's another big lottery winner in the offing? do you remember what it was like for you? >> i definitely do. i remember it like yesterday. it is an exhilarating feeling. definitely. >> of course people want to know what your advice would be to whoever may win...
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Nov 5, 2012
11/12
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for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> just saw opening bell for monday, november 5th here at the big board. a military veteran forum for human resources being held. the food bank for new york city so obviously two groups very involved with hel
for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. he loves risk. but whether he's climbing...
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Nov 13, 2012
11/12
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storm that impacts an entire coast unless you're going to set up offices in chicago, first of all, or california, and i don't know who are the people who are going to staff and man those offices to actually trade on behalf of somebody, it's not clear to me how this works. it may very well be that when you have a massive superstorm the size of sandy that knocks out an entire coast or region that it's almost impossible to have true contingency planning. >> two things. good point. first of all, you do need to have some senior people who aren't necessarily located in the proximity of devastation. yes, you do need some senior people but in this circumstance, this is one of the things we learned, andrew, is that since they weren't sure the large traders weren't sure about whether or not they could enter the orders into the new york stock exchange, they actually sent people to archipelago to try to work on the computers, in the middle of this storm, so just a really sort of a cluster and hopefully we can do better in the future. >> what happened to your own next -- isn't this a transatlantic company th
storm that impacts an entire coast unless you're going to set up offices in chicago, first of all, or california, and i don't know who are the people who are going to staff and man those offices to actually trade on behalf of somebody, it's not clear to me how this works. it may very well be that when you have a massive superstorm the size of sandy that knocks out an entire coast or region that it's almost impossible to have true contingency planning. >> two things. good point. first of...
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Nov 9, 2012
11/12
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>> who is the woman from california? who was in the clinton administration? >> cheryl sandberg. >> no, somebody else whose name i'm drawing a blank. >> god help us. laura tyson? >> yes. >> she's a chicken producer. >> no, she's a professor. >> oh, she's the boxer. there's the boxer. >> 2014-2016, i want to ask but one job -- >> i like what joe said earlier that at the end of the day the only legacy that matters any more for obama is the economy. he's going to have his legacy in obama care for better or worse. going to have his legacy in dodd-frank. the only one that matters anymore is economics. >> you can't -- there's 100 republicans. you can't single the one out that you hate. >> it was very interesting in the exit polls. i just going to to get to this quickly that the electorate sort of blamed bush for the economic crisis. that's not going to be true any more. it's not even true from today. you could make that argument he was given a bad hand. >> i went as far to say that the whole reinhardt rogoff narrative, if we go four years above 8% and crappy gdp the
>> who is the woman from california? who was in the clinton administration? >> cheryl sandberg. >> no, somebody else whose name i'm drawing a blank. >> god help us. laura tyson? >> yes. >> she's a chicken producer. >> no, she's a professor. >> oh, she's the boxer. there's the boxer. >> 2014-2016, i want to ask but one job -- >> i like what joe said earlier that at the end of the day the only legacy that matters any more for obama is...
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Nov 1, 2012
11/12
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people have no electricity, running water, the source of what it is here and if you're watching us in california, the midwest, you probably don't get it. i think when you think about it, this may in fact if he goes ahead with this, be the biggest disaster of his entire 12 years. >> you're talking about draining the city of resources that could be used elsewhere. explain the soul train screen behind you at your desk. >> that was the passing of don cornielias, somebody helped me put that up there and it's still up there. >> a nice tribute to an amazing man. that means we're going to watch you dance in the future. let's get a quick flash from bertha coombs. >> conway, the truck leasing company says it's too early to tell, but pre sandy on monday and tuesday, their volumes were down significantly and that is going to have an impact. 9 to 10% compared to same days in october last year. they're not sure how much they might see a pick-up following sandy as we see things start to pick-up and extra supplies start to come in. a lot of companies trying to sort that out. >> yes, gm saying they're still tryi
people have no electricity, running water, the source of what it is here and if you're watching us in california, the midwest, you probably don't get it. i think when you think about it, this may in fact if he goes ahead with this, be the biggest disaster of his entire 12 years. >> you're talking about draining the city of resources that could be used elsewhere. explain the soul train screen behind you at your desk. >> that was the passing of don cornielias, somebody helped me put...
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Nov 6, 2012
11/12
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i see so many small businesses, i was out in california yesterday, i must have met in four days with eight of our companies, and i asked every one of them, what impact does this have? what difference is it going to make whether romney wins or obama? i honestly believe it's almost a neutral element in terms of the young companies. when they are growing and they are excited and their product is being taken up, and most of them that i'm dealing with are internet or wireless based, it's an environment you don't stop hiring. in fact they have big open to buys. >> so what does affect those companies? what are they looking at beyond their own home base? >> i think the general environment will have an impact. i think that the tone of the top will have an impact. i think my personal feeling, the biggest impact for the kind of companies i'm in are what happens for advertising expenditures. i think advertising and advertising -- >> you talked about immigration policy as well. >> sorry, thank you, thank you. immigration policy is getting the kind of people, everyone is frustrated with the idea o
i see so many small businesses, i was out in california yesterday, i must have met in four days with eight of our companies, and i asked every one of them, what impact does this have? what difference is it going to make whether romney wins or obama? i honestly believe it's almost a neutral element in terms of the young companies. when they are growing and they are excited and their product is being taken up, and most of them that i'm dealing with are internet or wireless based, it's an...
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Nov 28, 2012
11/12
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northern california and oregon are all going to see very, very heavy rainfall, not just today but all the way through the weekend. flood watches are out. sacramento, stockton up toward reading and stretching all the way up into oregon. we could see up to 20 inches of rainfall here, a big broad area of at least a half a foot. back to you. >> that is a waste. that should be over colorado and it should be -- >> exactly. >> so we had snow yesterday. last year we had snow early, it was like halloween and then we never got anymore. did the snow we had yesterday seem more typical? any idea about whether that portends that we have some snow this year on the east coast? >> last year it was like we used it all up early. we said okay, here we go, it's going to be a huge winter and nothing. we're looking at the long range forecast right now, it's all warm for most of the country. there are no big snowstorms at least for two or three weeks. >> but we don't know overall. >> beyond that, it gets fuzzier. >> you can't do like bill murray and blow all that stuff over to colorado. 20 inches of rain. th
northern california and oregon are all going to see very, very heavy rainfall, not just today but all the way through the weekend. flood watches are out. sacramento, stockton up toward reading and stretching all the way up into oregon. we could see up to 20 inches of rainfall here, a big broad area of at least a half a foot. back to you. >> that is a waste. that should be over colorado and it should be -- >> exactly. >> so we had snow yesterday. last year we had snow early, it...
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Nov 5, 2012
11/12
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you're in california. is there any businesses left at all in that state? >> there are quite a few. go to silicon valley, los angeles, san francisco. this is still the engine of innovation for the u.s. economy. >> they're making it tough on you. >> we could be doing better, that's true. >> so neel, when you say that this does lift some immediate uncertainty but you're not sure what it means beyond that, what do you think the market does between now and the end of the year, let's say? maybe not this week but between now and the end of the year under a reelected president obama or under a newly elected mitt romney? >> well, i think under reelected president obama, i would expect to see volatility increase especially as it relates around the fiscal cliff. we need to see them come together, divided government needs to work together. they have not worked together very well over the past couple years so the markets will take a wait and see approach and there's a good chance there will be fighting and brinkmanship until the last second for the fiscal cliff. republican sweep it's more likel
you're in california. is there any businesses left at all in that state? >> there are quite a few. go to silicon valley, los angeles, san francisco. this is still the engine of innovation for the u.s. economy. >> they're making it tough on you. >> we could be doing better, that's true. >> so neel, when you say that this does lift some immediate uncertainty but you're not sure what it means beyond that, what do you think the market does between now and the end of the...
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Nov 21, 2012
11/12
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this one was a fugitive, having jumped bail on a california burglary charge. another had been arrested for shoplifting just four months earlier and deported. but somehow, she got back into the united states. because shoplifters are not considered serious criminals, they rarely spend much time in jail. >> these groups predetermine and have plans if somebody is arrested. if a team of eight goes out, and two of those people are arrested, it's the responsibility of the other six to get the money together to bail them out and get them back out on the street. >> then, he says, they disappear, traveling to another city, or assuming a new identity. the few cops who follow these groups say they have effectively carved out a criminal niche for themselves, exploiting a justice system that lets people who commit property crimes off easily. what percentage of the time were you caught? >> we can say once a year. >> and you worked every day. >> five days a week. >> this professional shoplifter from chile became a confidential informant for the new york task force when they t
this one was a fugitive, having jumped bail on a california burglary charge. another had been arrested for shoplifting just four months earlier and deported. but somehow, she got back into the united states. because shoplifters are not considered serious criminals, they rarely spend much time in jail. >> these groups predetermine and have plans if somebody is arrested. if a team of eight goes out, and two of those people are arrested, it's the responsibility of the other six to get the...
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Nov 29, 2012
11/12
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. >> new york or california. you're living paycheck to paycheck. >> i think it's funny. it is the middle class that is getting squeezed here. there's a point where you're sending your kids to college and you don't qualify for financial aid. anyone making $40,000, they're covered. >> they're not paying income tax. >> the problem is, i think the whole -- what's lost on, at least to me, to the current administration, is you must get these people jobs. all of our resources, all of my tax increases should go to partnership mentoring, job training because the government gets 30%, 20% of every dollar i earn the rest of my life. you want me to get an education so off tie on my income for the rest of my life on earth. >> then there's the $16 trillion question. >> then the revenues. there's a lot of questions. >> here you are having been in this business for as long as you have. you're talking to people in real estate all the time. what are you seeing in terms of what they're doing now? does it make sense if you're sitting on something that you want to sell, you want to sell a hom
. >> new york or california. you're living paycheck to paycheck. >> i think it's funny. it is the middle class that is getting squeezed here. there's a point where you're sending your kids to college and you don't qualify for financial aid. anyone making $40,000, they're covered. >> they're not paying income tax. >> the problem is, i think the whole -- what's lost on, at least to me, to the current administration, is you must get these people jobs. all of our resources,...
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Nov 16, 2012
11/12
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thank you very much for your time, adam schiff representing california. thank you. >>> great questions there, by the way. former cia director david petraeus was answering questions on capitol hill today but not about the scandal that led to him resigning. in a private hearing, he told lawmakers that he believed all along that the attack on the u.s. consulate in benghazi, libya was a terrorist strike despite how the white house initially portrayed it. of the scandal that led him to resign, petraeus expressed his regret about the circumstances of his departure but said nothing more. simon? >>> two major breaking stories right now impacting the oil market. there's been an explosion on an oil rig in the gulf of mexico off the coast of venice, louisiana. a company called black elk energy operates that rig. reports are that a worker may have cut a line with a settling torch. four people have been rushed to the hospital, two are reportedly still missing. so far we have no reports of oil actually leaking into the gulf. >>> meanwhile, also breaking right now, the
thank you very much for your time, adam schiff representing california. thank you. >>> great questions there, by the way. former cia director david petraeus was answering questions on capitol hill today but not about the scandal that led to him resigning. in a private hearing, he told lawmakers that he believed all along that the attack on the u.s. consulate in benghazi, libya was a terrorist strike despite how the white house initially portrayed it. of the scandal that led him to...
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Nov 7, 2012
11/12
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the first is california. we can tell you nbc news is projecting california to go to president obama. 55 electoral votes in california. this is obviously a huge one. no surprise that the president wins california. also, right now, we can tell you that hawaii is also going to obama. nbc news projecting the president to win hawaii as well, another four electoral votes. listen to the crowds, carl. >> yep. >> another winning -- another winner on a close call in idaho. idaho is going to governor romney. governor romney wins idaho with four electoral votes. nbc news projecting mitt romney the winner there. >> couple of big states out of the pacific northwest as we continue to hear the crowds at democracy plaza. the state of oregon, too early to call. although nbc news is saying that the president, barack obama, does lead in the state of oregon. and washington state. nbc news projects that barack obama will take the state of washington. there are some cheers in democracy plaza. we'll go back to there as the map fills
the first is california. we can tell you nbc news is projecting california to go to president obama. 55 electoral votes in california. this is obviously a huge one. no surprise that the president wins california. also, right now, we can tell you that hawaii is also going to obama. nbc news projecting the president to win hawaii as well, another four electoral votes. listen to the crowds, carl. >> yep. >> another winning -- another winner on a close call in idaho. idaho is going to...
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Nov 28, 2012
11/12
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you came up humble beginnings, northeast california. rubbermade used to be in california. now they're here. if you were the ceo of a new york or chicago company today, would you like to move to a place like atlanta? >> i would because i think it's very important -- it's always been important to be happy. critically today associates are making a lot of decisions about where they want to spend their time, raise their families. this is a great place to raise your family. it's an area that supports businesses and understands businesses and has a long history of good collaboration between business and -- >> that's good for here, but isn't that bad for new york and chicago and those places, which appear to be, for a lot of different reasons, just increasingly noncompetitive? >> i don't know they're not competitive. i come from new york. i have a bias towards new york. chicago is a great city. san francisco. a lot of the great northern cities and west coast cities have their traditions and history as well. atlanta has been a unique place as the hub of the southeast. i think it's
you came up humble beginnings, northeast california. rubbermade used to be in california. now they're here. if you were the ceo of a new york or chicago company today, would you like to move to a place like atlanta? >> i would because i think it's very important -- it's always been important to be happy. critically today associates are making a lot of decisions about where they want to spend their time, raise their families. this is a great place to raise your family. it's an area that...
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Nov 7, 2012
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as republicans, we look at the state of california. why do we have to leave 55 electoral votes up for grabs, or actually give up 55 electoral votes and not contest them at all. same thing with new york. that's a ton of electoral votes that wer n're not contesting ri now. what we needed to do as a party is concentrate on the economic and national security issues and move away from the social issues. >> penny, what we haven't done in this election is really square out what kind of america the population wants. in terms of -- at the moment, we're going for big government and small taxation and that doesn't work. how are we going to square it? >> exactly. and that's where the balance needs to be. and i agree with boris this is where the president really is going to have to step forward and really put down the agenda. what it looks like, and really be the person that starts to negotiate in a much more up front or much more out-front area as far as on the fiscal path. you know, the senate that was just elected is probably more diverse. you a
as republicans, we look at the state of california. why do we have to leave 55 electoral votes up for grabs, or actually give up 55 electoral votes and not contest them at all. same thing with new york. that's a ton of electoral votes that wer n're not contesting ri now. what we needed to do as a party is concentrate on the economic and national security issues and move away from the social issues. >> penny, what we haven't done in this election is really square out what kind of america...
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Nov 27, 2012
11/12
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a, southern california. a huge market. people are going to say how much does it cost? $130,000 for this vehicle? >> starting at $83,500. this one is $130,000, yes. i have to say people will clamor for the car. >> this brings up the question. the average land rover customer, household income of $515,000, $130,000 vehicle. this brings up the question with all the talk about potentially raising taxes on the wealthy here in the united states, would that hurt your business? would you sell fewer range rovers if the tax rate went up for those making more than $250,000? >> i think at the moment we see no sign of that quite frankly. a deal has to be done. our customers buy smartly, and when they look at vehicles like this, which is new on the block, they're going to go for this particular car. they might compromise on other things and not on new range rovers. we're confident we can sell more than all the cars in the u.s. without a shadow of a doubt. >> real quick. christmastime is the time of year when luxury seams go through the roof. why is that here in the united states? you
a, southern california. a huge market. people are going to say how much does it cost? $130,000 for this vehicle? >> starting at $83,500. this one is $130,000, yes. i have to say people will clamor for the car. >> this brings up the question. the average land rover customer, household income of $515,000, $130,000 vehicle. this brings up the question with all the talk about potentially raising taxes on the wealthy here in the united states, would that hurt your business? would you...
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Nov 19, 2012
11/12
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places like louisiana, arizona, wyoming, montana, california, places where some of them high unemployment rates, you're talking about reducing federal spending in places with high unemployment rates and this handy bar charts shows the split between defense spending in blue and nondefense in green. maryland, virginia, the washington, d.c., area, the highest federal pending, hawaii a lot of defend spending, same with alaska. more non-defense in new mexico down to georgia, 6.9% so these are the ways it's going to affect by state. we can even drill down further and look county by county, and what you see here for example if you drilled down here in louisiana there's one county in here where there's a federal penitentia penitentiary, because these are federal jobs as a percent of the total. you can see places along the texas coast, the bottom line on all of this is that we talk about reducing the ifisical cliff and solving the problem on a national level, but there are individual states that are going to be hit harder and there are blue states and states that come in so it's not easily democra
places like louisiana, arizona, wyoming, montana, california, places where some of them high unemployment rates, you're talking about reducing federal spending in places with high unemployment rates and this handy bar charts shows the split between defense spending in blue and nondefense in green. maryland, virginia, the washington, d.c., area, the highest federal pending, hawaii a lot of defend spending, same with alaska. more non-defense in new mexico down to georgia, 6.9% so these are the...
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Nov 23, 2012
11/12
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jane wells joins us from a best buy in conoga park, california. jane has been showing up with all of the shoppers, who is are w you? >> what's your name? >> anket. >> reporter: how long have you been waiting in line? >> more than two hours. >> reporter: the big deal is the line is taking forever. what are you buying? >> i'm buying a dslr camera. >> reporter: you came from india to buy this. >> reporter: i did. >> they have a thing called the internet. >> reporter: this is not the experience i was expecting. >> reporter: you get lines like this back home i suppose? >> yes. >> reporter: as raul shows you how this line snakes around, a crazy person but also maybe someone who is exhausted and with a dry sense of humor is first in line. how many tickets did you get? >> six. >> reporter: what are you planning on getting? >> tv for sure and probably a laptop. >> reporter: and the rest, i don't know, might sell them to you, jane. >> reporter: jason mcclellan got here 98 hours before the doors opened, gave him first choice at picking tickets, like a 40 inc
jane wells joins us from a best buy in conoga park, california. jane has been showing up with all of the shoppers, who is are w you? >> what's your name? >> anket. >> reporter: how long have you been waiting in line? >> more than two hours. >> reporter: the big deal is the line is taking forever. what are you buying? >> i'm buying a dslr camera. >> reporter: you came from india to buy this. >> reporter: i did. >> they have a thing called the...
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Nov 23, 2012
11/12
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let's go to jane at a best buy in california with a look at black friday traffic there. how is it shaping up? >> i cracked the code. don't come here at midnight. come here at 6:00 a.m. cindy, when did you first get here? >> midnight. >> what did you do? >> leave. >> why. >> because the lines were crazy. i saw your news truck and there was no way i was going to get in and get what i wanted. >> people were waiting two hours in line. sometimes more. how long did you wait in line? >> not at all. >> there's only 20 people. >> nothing. >> but what i wanted is gone. >> there you have it. thank you very much. if you look, it's not that busy right now. earlier it was crazy. estimated 1,000 people outside. and as best buy really struggles, management is trying to impress and inspire employees to make it worth it for customers to come in here especially those who have been camped out for days. >> we're excited to be here. this is our super bowl. >> this black friday will be a test of the renew blue strategy that best buy has. management is trying to remedy a reputation for poor cus
let's go to jane at a best buy in california with a look at black friday traffic there. how is it shaping up? >> i cracked the code. don't come here at midnight. come here at 6:00 a.m. cindy, when did you first get here? >> midnight. >> what did you do? >> leave. >> why. >> because the lines were crazy. i saw your news truck and there was no way i was going to get in and get what i wanted. >> people were waiting two hours in line. sometimes more. how...
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Nov 14, 2012
11/12
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. >> i'm at the strategic growth conference in palm springs, california. a gathering of a couple thousand ceos and business leaders talking about challenges with the global economy and one of the topics of conversation is likely to be news we are just now getting out of washington. the obama administration signaling that it is expanding the multi-year crackdown on bribes paid by u.s. companies to foreign officials under the foreign corrupt practices act and the administration out with new guidelines, 120 pages. the act that's been in place since the carter administration is too vague and putting u.s. companies at a competitive disadvantage. so now the department of justice and the securities exchange commission out with 120 pages of guidelines talking about what is a bribe, who is a foreign official. we've put all of these guidelines on our website. cnbc.com. you can read more about it. this is again something that business leaders have been clamoring for but they want changes in the law. we'll see if the guidelines are enough to ease their concerns. back
. >> i'm at the strategic growth conference in palm springs, california. a gathering of a couple thousand ceos and business leaders talking about challenges with the global economy and one of the topics of conversation is likely to be news we are just now getting out of washington. the obama administration signaling that it is expanding the multi-year crackdown on bribes paid by u.s. companies to foreign officials under the foreign corrupt practices act and the administration out with new...
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Nov 6, 2012
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state is finally attracting new business like spreadshirt out of boston. 20% of its business was in california. it has moved in next store. >> there was plepty of open space for us to choose from and a great labor pool. we have great employees that are anxious to work for us. we are grows at 100% and we hope to have 200 people here by next year. >> while they have been the most supporting of mitt romney, the gaming ca zone knseatbelt seen tend to support harry reid. guys, they are trying to rest control of the state here from the democrats to the gop. >> jane, they had vegas lines on some of these things. i think the early line called it for president obama i read that this morning? >> it is. but in terms of betting, it is illegal to bet on an election. that hasn't stopped these irish guys over seas for the online betting. one of them online has said that obama has won and started to pay. >> they said they have done crazy stuff for publicitpublici. and they can't get the $750 back if romney were to win. >> you could do intrade but that is like $6 a share. >> go put it on the table. >> and i th
state is finally attracting new business like spreadshirt out of boston. 20% of its business was in california. it has moved in next store. >> there was plepty of open space for us to choose from and a great labor pool. we have great employees that are anxious to work for us. we are grows at 100% and we hope to have 200 people here by next year. >> while they have been the most supporting of mitt romney, the gaming ca zone knseatbelt seen tend to support harry reid. guys, they are...
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Nov 19, 2012
11/12
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for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. >>> israel is ready for a ground invasion but the country prefers a diplomatic solution. oil is moving higher this morning. joining us live from gaza now is ayman. >> good afternoon. the sun is setting and they have been for every night over the past six 9nights palestinians brace themselves for a violent night. it's during the coming hours that there's an intensification of israeli targets throughout the gaza strip. yesterday on sunday there was an incident that many describe here as a massacre. one that targeted the home of a senior member of hamas' military according to the israelis but inside that residential house were fam
for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. >>> israel is ready for a ground...
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Nov 14, 2012
11/12
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today, california is set to unveil a new attempt to limit greenhouse gases. the state is going to be holding its first sale of carbon emissions permits. experts say it's a landmark experiment that california hopes will serve as a model for other u.s. states and the federal government. a new survey finds that families are at odds over financial planning. fidelity investments finds that sharply conflicting expectations between older parents and their adult children. among the survey results. 24% of adult children expect they will have to help their parents financially at some point, yet 97% of parents don't expect to need help. that's a oble nearly all of older parents and their grown children disagreed on whether a child will take care of their parents if they become ill, and adult children underestimate the value of their parents' estate by more than $100,000 on average. i think that's an issue across the country. do you want to counter that? >> no, not really. >> how are your parents? my parents are doing great. >> mine are gone. i got some new parents, actu
today, california is set to unveil a new attempt to limit greenhouse gases. the state is going to be holding its first sale of carbon emissions permits. experts say it's a landmark experiment that california hopes will serve as a model for other u.s. states and the federal government. a new survey finds that families are at odds over financial planning. fidelity investments finds that sharply conflicting expectations between older parents and their adult children. among the survey results. 24%...
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Nov 21, 2012
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all's i know, california, illinois are in trouble. energy makeses the economy go around. it makes little sense to me. carl, back to you. >> europe will have the close there and a look at the afternoon may go. back in a minute. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ together for your future. get 36 months interest-free financing through thanksgiving weekend at sleep train, and save $400, $500, up to $600 on beautyrest and posturepedic. even get 3 year
all's i know, california, illinois are in trouble. energy makeses the economy go around. it makes little sense to me. carl, back to you. >> europe will have the close there and a look at the afternoon may go. back in a minute. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the...
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Nov 15, 2012
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. >>> founder reed hoffman interviewing steve vollmer at the churchill club in santa clara, california, last night since the resignation of windows guru. when asked about it he said sinofsky made one of the most amazing contributions anyone's made to any company. when discussing sales. surface tablet, vollmer said many people are having their
. >>> founder reed hoffman interviewing steve vollmer at the churchill club in santa clara, california, last night since the resignation of windows guru. when asked about it he said sinofsky made one of the most amazing contributions anyone's made to any company. when discussing sales. surface tablet, vollmer said many people are having their
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Nov 30, 2012
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one of the develop storingie ii looking at is chinese products to california to the rest of the country and there's a lot of ports being shot. >> national retail federation said that a lot of product for the holiday season is already in the stores. so maybe it won't be a huge impact and maybe that product can be routed to other ports to mexico and then trucked up. maybe it's a good thing for truckers and fedex and u.p.s.s of the world if the product isn't in the store already, retailers need to get it quickly, good for overnight shippers. >> they have all of the stuff in. that's a good point. ksu rang the bell the other day. they're instrumental in bringing goods from mexico. very interesting. >> look at those freight volume which is they report next. meantime, got to talk zynga taking a hit in the premarket. social gaming company changing its relationship with facebook. the new agreement essentially removes the special status that zynga enjoyed among game developers and also now allows facebook to develop its own games. it's been called an open marriage by "the new york post" today and
one of the develop storingie ii looking at is chinese products to california to the rest of the country and there's a lot of ports being shot. >> national retail federation said that a lot of product for the holiday season is already in the stores. so maybe it won't be a huge impact and maybe that product can be routed to other ports to mexico and then trucked up. maybe it's a good thing for truckers and fedex and u.p.s.s of the world if the product isn't in the store already, retailers...
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Nov 29, 2012
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and it has a good positioning in california where he says macroeconomic is improving a little bit better than in new york when it comes to the tourist spend. that's very important for luxury. and unfortunately, we're just not seeing it like we were in those new york luxury department stores. with that being said, remember luxury doesn't do door busters really. it's quite the opposite. they go for the price premiums. quality very important to many consumers. in fact 75% of luxury consumers say it is the number one most important thing. but i think what happens out of washington will very much determine how the holiday season shapes up for the luxury retailers. >> that's for sure. courtney reagan braving the cold there for us. really appreciate it. want to bring and you couple news flashes. welcome back our uk viewers who have been listening to mervyn king. keep an eye on crude before we go, up over 1% as the ieae chief is calling for urgency in iran talks. and we'll leave you for the day. here is u.s. "squawk box." we'll see you back here tomorrow. can i help you? i heard you guys can shi
and it has a good positioning in california where he says macroeconomic is improving a little bit better than in new york when it comes to the tourist spend. that's very important for luxury. and unfortunately, we're just not seeing it like we were in those new york luxury department stores. with that being said, remember luxury doesn't do door busters really. it's quite the opposite. they go for the price premiums. quality very important to many consumers. in fact 75% of luxury consumers say...
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Nov 6, 2012
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california is dark. these are safe democratic states. where is unemployment low? from north dakota down to oklahoma none of that is going for obama. only one place perhaps. virginia is a potential swing state and also wisconsin. maybe that low rate is a precondition for obama to potentially win it. let's look at the change. again, very similar. darker is less change. less improving unemployment. new york, not a good state for change of unemployment over the last year but probably safely in the obama camp. the one place you might want to look here, nevada, florida, north carolina and virginia. those are all potentially in play because they had some improvement in the unemployment rate and if that had not been there, they might have been for romney. i would like to give you a definitive answer. you have the level of unemployment and you have the change. that's what makes this a horse race, simon. >> it's fascinating to see that the way you slice and dice going into the election whether it's turnout or amazing. steve, thank you very much. as the race for the presiden
california is dark. these are safe democratic states. where is unemployment low? from north dakota down to oklahoma none of that is going for obama. only one place perhaps. virginia is a potential swing state and also wisconsin. maybe that low rate is a precondition for obama to potentially win it. let's look at the change. again, very similar. darker is less change. less improving unemployment. new york, not a good state for change of unemployment over the last year but probably safely in the...
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Nov 29, 2012
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we think they're very well positioned in places like california where we're starting to see some signs of a macro recovery. the other important thing, nordstrom doesn't have the exposure to the tourist consumer some of the other luxury players have. >> reporter: however, with the european debt crisis looming and that fiscal cliff still unresolved, the robin report's robin lewis thinks many luxury buyers may be holding back this holiday season. >> i think that will cause some cautious spending in the last holiday season, in the last quarter. and if the resolve is made to increase the tax rates of the rich, it will definitely hit the pocketbooks. >> reporter: and there's no doorbusters for luxury players. they're banking on their price premiums and their quality to drive sales. later today, carl, i'll sit down with burberry ceo. we'll talk about all things luxe. >>> straight ahead, why the secret to housing reform might be reforming the fha itself. >>> a little bit laeter, how to play the retailers ahead of this holiday season. "squawk on the street" is coming right back. if you are one
we think they're very well positioned in places like california where we're starting to see some signs of a macro recovery. the other important thing, nordstrom doesn't have the exposure to the tourist consumer some of the other luxury players have. >> reporter: however, with the european debt crisis looming and that fiscal cliff still unresolved, the robin report's robin lewis thinks many luxury buyers may be holding back this holiday season. >> i think that will cause some...
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Nov 9, 2012
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i'm carl quintanilla, jim cramer, david faber is in california, jpmorgan, napa valley ceo summit. how many big stories do we have circulating? fiscal cliff concerns? you heard about jp penny concerns. right now, implied open, down 58 points. europe getting trouble, headlines out of greece, running low on cash again. ftse down 0.75. we'll bring in david from the west coast. we'll talk technology later on but that's not the only subject. what's coming up? >> reporter: a very cool napa valley. we are very close to silicon valley, so here at napa valley ceo technology summit we'll be joined throughout the day by a number of luminaries from the technology industry. i'll be talking to john donahoe, ceo of ebay. back to you. >> french laundry, that's the key tonight. french laundry. he's smiling like he's already been. meantime, a road map starts at cross section of wall street and washington. third weeks of losses as congressional office highlights difficulties if no fiscal cliff worked out. >> jcpenney shares on sale as it posts a much bigger loss and revenue miss. concerns mounting no
i'm carl quintanilla, jim cramer, david faber is in california, jpmorgan, napa valley ceo summit. how many big stories do we have circulating? fiscal cliff concerns? you heard about jp penny concerns. right now, implied open, down 58 points. europe getting trouble, headlines out of greece, running low on cash again. ftse down 0.75. we'll bring in david from the west coast. we'll talk technology later on but that's not the only subject. what's coming up? >> reporter: a very cool napa...
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Nov 2, 2012
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conference call this morning where from another 32 of our offices stretching as far west as fresno, california, will be sending in another 400 people later today. we would anticipate probably having upwards of 3,000 people on the ground within the next four to five days. >> you've been doing this for a while. you were with the company since '84. i can't imagine the number of disasters you have helped coordinate the recovery for. seeing anything like this in your time? the confluence of population density, power, the snow? i mean we're talking a very large part of the country. >> this is a very extraordinary situation. the density that we're facing and the enormity of this storm and the geographic area it's covered, new jersey, new york, upward through canada. our canadian offices are also mobilized and working on losses. this is something out of the worried. we are encouraged though that every hour of every day we are seeing small signs of progress. and as has been report you see great acts of heroism being performed by people each and every step of the way. we've seen not only belfor people p
conference call this morning where from another 32 of our offices stretching as far west as fresno, california, will be sending in another 400 people later today. we would anticipate probably having upwards of 3,000 people on the ground within the next four to five days. >> you've been doing this for a while. you were with the company since '84. i can't imagine the number of disasters you have helped coordinate the recovery for. seeing anything like this in your time? the confluence of...
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Nov 16, 2012
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. >> he's joining us very early this morning from the company's hometown of san francisco, california. david, thank you for joining us. i want to talk about the earnings in just a little bit, but first a lot of people look at this, you've been growing so quickly, why are you starting to tap the brakes a bit in terms of taking delivery of aircraft as well as expand manage to new markets? >> i think a couple of things here. first of all, we felt the need to get to critical mass which we believe we've done. we have 50 aircraft now. and so we feel comfortable slowing down the growth. but i would say the key thing we've seen in the two years since we in addition will made the order is the increase in fuel prices and basically what is a slowly growing economy. and when you do the math, it doesn't make sense to go in and continue the rapid expansion. >> part of this tapping the brakes, if you will, is slowing down the rate and pace of taking new aircraft from airbus. some people say wait a second, those will be more fuel efficient, why wouldn't you want those sooner rather than later because
. >> he's joining us very early this morning from the company's hometown of san francisco, california. david, thank you for joining us. i want to talk about the earnings in just a little bit, but first a lot of people look at this, you've been growing so quickly, why are you starting to tap the brakes a bit in terms of taking delivery of aircraft as well as expand manage to new markets? >> i think a couple of things here. first of all, we felt the need to get to critical mass which...
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>> well, we're from california, but came to ohio, california is kind of a safe state. we wanted to be where the action was, and it is very important to get every single voter out there. >> reporter: she is the lead veteran here. >> how long have you been doing this? >> oh, about 50 years. >> reporter: 50 years you have been volunteering for democrats? >> yes, if they don't have rides we're standing, ready to pick them up to carry them and put them right on the spot. wherever it is. >> reporter: on the other side of town, from the other side of the aisle, another group of ladies is burning up the phone lines for governor mitt romney, for mary mogan, sometimes her calls are a success. >> can we count on your vote for mitt? yes, that is what i want to hear, thank you so much. >> reporter: and sometimes, not so much. >> can we count on you for mitt romney? headli hello. i guess that is a no. >> reporter: across the table, one-month call newy says she is unempl unemployed, and hope that mitt romney will help her get back to work. >> i hear excitement on the other line, and
>> well, we're from california, but came to ohio, california is kind of a safe state. we wanted to be where the action was, and it is very important to get every single voter out there. >> reporter: she is the lead veteran here. >> how long have you been doing this? >> oh, about 50 years. >> reporter: 50 years you have been volunteering for democrats? >> yes, if they don't have rides we're standing, ready to pick them up to carry them and put them right on...
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Nov 11, 2012
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california. the other two are florida and texas, which i found interesting. big population of veterans. >> texas is another big state. >> yeah, another big state. and the state with the highest percentage of veterans, i would have never have guessed this. >> highest percentage? >> highest percentage. the answer, alaska. 14%. >> like per capita? >> yeah, out of every 100 -- 14% of the population in alaska. there's one thing i want to remind everyone. president obama was talking about this. there are 3.5 million americans in this country who have disabilities due to their military service and they have different ratings on that in terms of their disabilities. but that's important for all of us to keep in mind. these are people whose disabilities stem from their service to the country. 3.5 million people like that. there are a lot more. during the conversation of ireport, we're celebrating the wisdom of veterans. >> extraordinary individuals who made ultimate sacrifices in so many different ways. all right, josh, thank you for that. >> you bet. >>> you heard som
california. the other two are florida and texas, which i found interesting. big population of veterans. >> texas is another big state. >> yeah, another big state. and the state with the highest percentage of veterans, i would have never have guessed this. >> highest percentage? >> highest percentage. the answer, alaska. 14%. >> like per capita? >> yeah, out of every 100 -- 14% of the population in alaska. there's one thing i want to remind everyone. president...
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Nov 10, 2012
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. >> susan, we have seen crazy results in california. there is a rebuttable presumption, one shoot, two, this case could go to the jury. [ male announcer ] break the grip of aches or arthritis pain with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. rebuttable presumpti . >>> in california, a 90-year-old man retaliated after he was shot in the face after a burglary, now get this, they are suing him after he returned fire. richard herman and new york criminal defense attorney law professor joins us from las vegas, richard, i'll start with you on this. what do you say to this? it is unbelievable. >> it is unbelievable, for 200, $300, anybody can file a lawsuit. and we see it every year, unbelievable cases, ninety-year-old man has his house broken into, gets tied up. the burglar is stealing in front of him, he breaks free, there is a shootout. he ends up shooting him three times. the assailant here gets convicted. prison term and sues because he was shot. >> yeah. >> believ
. >> susan, we have seen crazy results in california. there is a rebuttable presumption, one shoot, two, this case could go to the jury. [ male announcer ] break the grip of aches or arthritis pain with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. rebuttable presumpti . >>> in california, a 90-year-old man retaliated after he was shot in the face after a burglary, now get this, they are suing him after he...
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california has a medicinal marijuana law. other states have passed some others. >> recreational. >> we have a laboratory of democracy. we don't always agree with the states. some states have capital punishment, some don't. some have legalized recreational use of marijuana and some states me did nal. i believe the justice department ought to respect the will of the separate states. >> in other words, no federal prosecution since it is a federal drug law of those who have legalized small amounts of marijuana. >> i think the federal law can maintain but it shouldn't try to nullify reasonable state measures. i'm not saying the state can do anything they want, but the measures that have been adopted so far have been after vigorous deba debate. in fact. there's been a mann legalization that's been rejektded. we don't need some federal person to come in and tell us what to. do i believe commonty, decent respect. >> careful. you might sound like a republican with the states rights thing. >> there's a logic to it because i know of the
california has a medicinal marijuana law. other states have passed some others. >> recreational. >> we have a laboratory of democracy. we don't always agree with the states. some states have capital punishment, some don't. some have legalized recreational use of marijuana and some states me did nal. i believe the justice department ought to respect the will of the separate states. >> in other words, no federal prosecution since it is a federal drug law of those who have...
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Nov 16, 2012
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new york republican peter king joins me and california democrat adam schiff. congressman king, you were in that briefing today. you saw the surveillance, the drone video recovered from the benghazi compound. is there anything about what you saw today that changes your assessment of the situation? because you have been a tough critic of the administration. >> yeah, not really the video. i didn't see much controversial about the video. maybe adam will disagree. i thought it was objective. i don't think it really answered the questions either side would have had. my objection was that contrary to what dana said, the democrats were saying, one democrat said, i try not to make it partisan, i don't believe the talking points given to susan rice obtained all the intelligence the intelligence community had. without going into detail, there were several reports clearly stating that al qaeda affiliated groups were involved in the attack and were very heavily involved in the attack and that did not make it into the talking points, did not make it into the final talking p
new york republican peter king joins me and california democrat adam schiff. congressman king, you were in that briefing today. you saw the surveillance, the drone video recovered from the benghazi compound. is there anything about what you saw today that changes your assessment of the situation? because you have been a tough critic of the administration. >> yeah, not really the video. i didn't see much controversial about the video. maybe adam will disagree. i thought it was objective. i...
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. >> brianna keeler in hollywood, california. and we'll go back to hollywood, florida, when the president starts to speak. >>> all right, meantime republican mitt romney is conceding nothing to the president. earlier he spoke to voters in the democratic stronghold of cleveland, ohio. no republican candidate has ever won the white house without winning ohio. and romney expects to continue that streak. >> if you believe america should be on a better course or if you're tired of being tired, i ask you to vote for real change. paul ryan and i will bring real change to america from day one. when i'm elected the economy and american jobs will still be stagnant, but i won't waste any time complaining about my predecessor. >> this was the second of four events romney had scheduled for today. next up for the republican candidate is pennsylvania. so america has 50 states, but it's the key battleground state where is the race just might be decided come tuesday. right now cnn estimates that nine states shown here on the make or break states.
. >> brianna keeler in hollywood, california. and we'll go back to hollywood, florida, when the president starts to speak. >>> all right, meantime republican mitt romney is conceding nothing to the president. earlier he spoke to voters in the democratic stronghold of cleveland, ohio. no republican candidate has ever won the white house without winning ohio. and romney expects to continue that streak. >> if you believe america should be on a better course or if you're tired...
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. >>> california voters will consider a ballot measure that would abolish the state's death penalty. if proposition 34 goes through, more than 700 death row inmates would have their sentences commuted to life in prison without parole. >>> and with all the buzz about the romance between president obama and chris christie and the wake of superstorm sandy, you knew it would not take long for "saturday night live" to add their two cents. >> so i would like to give a sincere thanks to president obama for how he handled the situation on election day, i'm voting for mitt romney. but if i had to pick one guy to have my back in a crisis, it would be barack obama. he's been amazing. you know, so kind, such a leader, a tree inspiration. again, i'll be a good soldier, i'll vote for romney but i'm going to hate him, too. >> mitt romney also on the receiving end of some spoofing. we'll have that for you a little later this morning. much more ahead as a special edition of "early start" continues right now on cnn live from washington, d.c. >>> good morning, everybody. welcome to our special coverage
. >>> california voters will consider a ballot measure that would abolish the state's death penalty. if proposition 34 goes through, more than 700 death row inmates would have their sentences commuted to life in prison without parole. >>> and with all the buzz about the romance between president obama and chris christie and the wake of superstorm sandy, you knew it would not take long for "saturday night live" to add their two cents. >> so i would like to give...
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the largest cash crop in california currently. if you take those figures and project them nationwide, and over 100 million americans admit to having smoked marijuana some time in their lives, if you tax it, it's a massive source of revenue. that may be the strongest argument in these tough times to regulate it and tax it since it's being sold illegally. so so do you think this is the beginning of the end? >> i do think this. we're now up to eight states that legalized the drug, and i think you will see a trend toward many, many more. i think, of course, we have to get the federal government to get unified with the states on it. how can the fed stop this? if one state after another legalizes it, they don't have the resources to shut it down. >> that was paul callen, i spoke to him earlier today for that legalization of the recreational use of marijuana. many small business owners were badly hit in the recession. what they hope the government will now do about the economy. try running four.ning a restaurant is hard, fortunately we'v
the largest cash crop in california currently. if you take those figures and project them nationwide, and over 100 million americans admit to having smoked marijuana some time in their lives, if you tax it, it's a massive source of revenue. that may be the strongest argument in these tough times to regulate it and tax it since it's being sold illegally. so so do you think this is the beginning of the end? >> i do think this. we're now up to eight states that legalized the drug, and i...
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Nov 10, 2012
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it's the largest cash crop in california currently. now, if you take those figures and project them nationwide, and by the way over 100 million americans admit to having smoked marijuana at some point in their lives, you start taxing this, it's going to be a massive source of revenue for state and local governments. in the end, you know, that may be the strongest argument in these tough economic times to regulate it and tax it since it's being sold illegally in any event. >> so from a legal standpoint, do you think this is the beginning of the end of illegal marijuana in the u.s.? >> i do think this. we're now up to eight states that have legalized the drug. and i think you're going to see a trend toward many, many more. i do think, of course, we've got to get the federal government to get unified with the states on it, but, you know, it's a -- how can the feds stop this? if one state after another state legalizes it, they just don't have the resources to shut it down. so i think we're seeing a trend and i think we'll see more of it in
it's the largest cash crop in california currently. now, if you take those figures and project them nationwide, and by the way over 100 million americans admit to having smoked marijuana at some point in their lives, you start taxing this, it's going to be a massive source of revenue for state and local governments. in the end, you know, that may be the strongest argument in these tough economic times to regulate it and tax it since it's being sold illegally in any event. >> so from a...
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or go to california and get a prescription. >> thank you. >>> both parties predicted victory on election day. but for mitt romney something went wrong on the way to 270 electoral votes. we're going to do the math to see what happened. john king is standing by. [ woman ] it's 32 minutes to go time, and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. [ male announcer ] a european-inspired suspension, but not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... inspired by a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever.
or go to california and get a prescription. >> thank you. >>> both parties predicted victory on election day. but for mitt romney something went wrong on the way to 270 electoral votes. we're going to do the math to see what happened. john king is standing by. [ woman ] it's 32 minutes to go time, and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a...
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. >> reporter: it matters how california looks, it matters how nevada looks, matters how virginia looks. >> right. >> reporter: it is difficult for mitt romney to say this economy is in freefall. it is not. >> reporter: >> unemployment rates here is pretty -- good. 5.2%, one of the lowest in the country. the president won here by ten percentage points in the last election. my question here is why can't he lock it down right now? it's neck and neck. >> you know, though, we actually feel like we are locking it down. we have been lock it down for two years. >> i think he is selling something. i don't think it's locked down. >> reporter: we found plenty of iowans that aren't defensed by either campaign. >> fiscally i just don't see how we can sustain ourselves. i mean, europe right now, i mean, big huge great empires, countries and all that, that they're going bankrupt. it's going to be us. >> reporter: orthodontist chad moran plans to vote for romney, but didn't think his math udz up to erase the deficit. >> i don't think either side honestly really has a plan for going ahead. >> it become
. >> reporter: it matters how california looks, it matters how nevada looks, matters how virginia looks. >> right. >> reporter: it is difficult for mitt romney to say this economy is in freefall. it is not. >> reporter: >> unemployment rates here is pretty -- good. 5.2%, one of the lowest in the country. the president won here by ten percentage points in the last election. my question here is why can't he lock it down right now? it's neck and neck. >> you...
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in palm springs, california, mary bono mack, she isn't giving up. she trails democrat areraul rui. >> so we're minding your business. u.s. stock futures are flat this morning. >> the markets had a rough day yesterday. chris teens romans here to explain this big selloff. is there an explanation? >> can you see the sectors reacting to a second obama administration. let me show you what it looked like, 313 points, the first dow close below 13,000 in three months. that was the worst day of the year. more than 2% down. when i talk about the internals of the market, i'm talking about banks, insurers, cole companies, energy companies, they fell because, in fact, they think they're going to have higher costs. the markets think they're going to have higher costs in a second obama administration. you saw some obama care related stocks like hospitals up on the assumption that obama care is now secure. the internals showed us how investors in different sectors were reacting to a second obama presidency. but there were also concerns over europe and the fiscal cl
in palm springs, california, mary bono mack, she isn't giving up. she trails democrat areraul rui. >> so we're minding your business. u.s. stock futures are flat this morning. >> the markets had a rough day yesterday. chris teens romans here to explain this big selloff. is there an explanation? >> can you see the sectors reacting to a second obama administration. let me show you what it looked like, 313 points, the first dow close below 13,000 in three months. that was the...
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. >> reporter: and it matters how california looks and how nevada looks and virginia looks. >> right. >> reporter: it is difficult for mitt romney to say that the economy is in free fall. it is not. sue heads the iowa democratic party. >> the president won by ten percentage points in the last election, so, sue, why can't he lock it down right now, it is neck and neck. >> well, we feel like we are lock it down. we have been lockingt down for two years. >> i think that she is selling you something to be honest with you. i don't feel it is in lockdown. >> reporter: we found plenty of iowans who are not convinced by either campaign. >> i don't see fiscally how we can sustain ourself, because europe right now and the huge empire countries are going bankrupt. it is going to be us. >> reporter: and orthodonnist chad morarend thinks that the deficit is not enough for either side. >> i don't think that either side has a plan. it is the lesser of two evils. >> reporter: back at creighton medals, he says he cannot expand. he says he is frozen about whether we fall off of the fiscal cliff. >> i n
. >> reporter: and it matters how california looks and how nevada looks and virginia looks. >> right. >> reporter: it is difficult for mitt romney to say that the economy is in free fall. it is not. sue heads the iowa democratic party. >> the president won by ten percentage points in the last election, so, sue, why can't he lock it down right now, it is neck and neck. >> well, we feel like we are lock it down. we have been lockingt down for two years. >> i...